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Business Wire (Thu, 1:33PM)
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Business Wire (Thu, 11:00AM)
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Business Wire (Tue, 10:02AM)
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Banking Round-Up: Price-To-Book Ratio ComparisonsTrefis • Mon, May 20 -
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Banking Round-Up: Price-To-Book Ratio ComparisonsTrefis • Mon, May 20
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Bank of America's CEO Discusses Q3 2012 Results - Earnings Call TranscriptWed, Oct 17, 2012 • 6 Comments
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Bank of America's CEO Discusses Q2 2012 Results - Earnings Call TranscriptWed, Jul 18, 2012 • 6 Comments
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Bank of America's CEO Discusses Q4 2011 Results - Earnings Call TranscriptThu, Jan 19, 2012 • 1 Comment
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Bank of America's CEO Discusses Q3 2011 Results - Earnings Call TranscriptTue, Oct 18, 2011 • 1 Comment
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Bank of America Corporation Special CallThu, Aug 11, 2011 • 10 Comments
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Bank of America's CEO Discusses Q2 2011 Results - Earnings Call TranscriptTue, Jul 19, 2011 • 1 Comment
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Bank of America's CEO Discusses Q1 2011 Results - Earnings Call TranscriptFri, Apr 15, 2011 • 3 Comments
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Bank of America's CEO Discusses Q4 2010 Results - Earnings Call TranscriptFri, Jan 21, 2011 • 1 Comment
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Bank of America Corporation Q1 2010 Earnings Call TranscriptFri, Apr 16, 2010
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Bank of America Corporation Q4 2009 Earnings Call TranscriptWed, Jan 20, 2010 • 1 Comment
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Bank of America Corporation Q3 2009 Earnings Call TranscriptFri, Oct 16, 2009 • 1 Comment
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Bank of America Corporation Q2 2009 Earnings Call TranscriptFri, Jul 17, 2009
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Bank of America Corporation Q1 2009 Earnings Call TranscriptMon, Apr 20, 2009
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The Trader's Expo New York: A Commodity Trader's Stock Picks TranscriptFri, Feb 27, 2009 • 3 Comments
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Bank of America Corporation Q4 2008 Earnings Call TranscriptMon, Jan 19, 2009 • 3 Comments
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Bank of America Corporation Q3 2008 Earnings Call TranscriptTue, Oct 7, 2008
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at CNBC.com (Thu, 4:04PM)
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Business Wire (Thu, 1:33PM)
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at MarketWatch.com (Thu, 11:07AM)
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at CNBC.com (Wed, 8:06AM)
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Business Wire (Tue, 10:02AM)
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at CNBC.com (Tue, 8:17AM)
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at MarketWatch.com (Mon, 10:42AM)
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at Fox Business (Mon, 8:45AM)
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at CNBC.com (Mon, 8:00AM)
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at Fox Business (May 17, 2013)
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at CNBC.com (May 16, 2013)
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at Fox Business (May 16, 2013)
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at MarketWatch.com (May 16, 2013)
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at CNBC.com (May 16, 2013)
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at CNBC.com (May 14, 2013)
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at MarketWatch.com (May 14, 2013)
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at CNBC.com (May 14, 2013)
BAC vs. ETF Alternatives
Company Description
Bank of America Corporation (together, with its consolidated subsidiaries, Bank of America, the Corporation, our company, we or us) is a Delaware corporation, a bank holding company and a financial holding company under the Gramm-Leach-Bliley Act. Our principal executive offices are located in... More
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- | On the move
- Monday, May 6, 12:54 PM More on the BofA/MBIA settlement: Bank of America (BAC +4%) will pay MBIA's mortgage insurance arm about $1.6B plus some IOUs, bringing the total amount to $1.7B, reports the WSJ. Additionally, the bank will take about a 5% stake in the holding company, MBIA (MBI +41.9%). It's a win-win as MBIA Insurance gets a lifeline and BofA removes the potential of a far larger award at trial. Congrats to BTIG's Mark Palmer and keen bloggers like Christian Herzeca who recognized MBIA's legal "loss" last week as a big push for BofA to get this thing settled. Comment! [Financials, On the Move]
- Monday, May 6, 12:16 PM MBIA (MBI +40.7%) soars on a rumored settlement with Bank of America (BAC +3.2%) over mortgage putback issues. BofA will reportedly take a 5% stake in MBIA, paying $1.65B along with a $500M credit line. 10 Comments [Breaking News, Financials, On the Move]
- Tuesday, April 30, 11:54 AM MBIA (MBI -5.8%) investors are disappointed at not winning summary judgement in the case against Bank of America, but the ruling as a whole sends "a very strong message to BAC about how difficult it would be for it to win at trial," writes Mark Palmer. He still expects BofA to cut a deal either out of self-interest or after being forced to the table by regulators. MKM Partners agrees and maintains its Buy rating and $18 price target. 2 Comments [Financials, On the Move]
- Monday, April 29, 7:49 PM MBIA (MBI) sinks 5.5% AH after it fails to win summary judgement against Bank of America's (BAC) Countrywide unit in a lawsuit over whether the bank breached its obligations to repurchase loans. Attorney Christian Herzeca notes the judge found each point of law in MBIA's favor, but as "sufficient facts remain in dispute," a trial is necessary. 1 Comment [Financials, On the Move]
- Tuesday, April 23, 8:13 AM Bank of America (BAC) gains 1.4% in premarket trade after an upgrade to Buy with $16 price target (from $13) at Morgan Stanley. The team expects BofA to deliver on significant expense cuts over coming quarters while significant litigation risk largely evaporates by 2013's end. 3 Comments [Financials, On the Move]
- Thursday, April 18, 10:28 AM Bank of America's (BAC -3.8%) price target is bumped $0.50 to $12 by Nomura's Glenn Schorr, though he doesn't seem too excited about the stock. "The upside remains limited in the near term and the earnings ramp will be gradual (revenues aren't exactly booming." Scotiabank maintains BofA a Buy with $15 price target based on the bank's strong capital position. The two-day loss thus far is 8.3%. 2 Comments [Financials, On the Move]
- Wednesday, April 17, 9:21 AM Competition to book loans? Speaking on the earnings call, Bank of America (BAC) CFO Bruce Thompson says the bank is closing loans at wider spreads in Q1 than it was last quarter. Litigation costs were $900M, or $0.06/share in Q1 (vs. earnings of $0.20). The bank estimates (presentation slides) recent settlements bring to about 80% the resolution of all Countrywide-related claims. Shares -2.9% premarket. Comment! [Financials, On the Move]
- Wednesday, April 17, 7:18 AM More on Bank of America (BAC) Q1 earnings: Basel Tier 1 Capital Ratio of 10.58%, up from 10.38% in Q4. Tangible book value/share of $13.46, up from $13.36 in Q4, $12.87 a year ago. Earnings call set for 8:30 ET. Shares now off 2.7% premarket. (PR) 2 Comments [Financials, Earnings, On the Move]
- Tuesday, April 2, 11:50 AM Immunomedics (IMMU +1.2%) moves up today after saying it's reached a $16.7M settlement through securities watchdog FINRA with its former broker Bank of America (BAC). The settlement resolves allegations the drug company had made related to investments in auction rate securities, for which it accused BAML of making false representations or omissions. Comment! [Healthcare, On the Move]
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Thursday, March 14, 5:53 PM
After-hours top gainers, as of 5:15 p.m.: MUX +4%. BAC +4%. DFS +3%. RRD +2%. MS +2%.
After-hours top losers: GLDD -31%. ULTA -11%. MWA -9%. KKD -6%. ARO -6%. 6 Comments [On the Move] - Thursday, March 14, 5:14 PM After hours movers in the banks: JPM -2.5% and GS -2.1% after the two had their capital proposals approved but were asked to submit new plans "to address weakness in their capital planning processes." WFC +0.4%, BAC +3.8% after no dividend hike, but a whopping $10.5B in share repurchases and redemption of high-yielding preferreds. Morgan Stanley +0.9%. The XLF +0.1%. 18 Comments [Financials, On the Move]
- Monday, March 4, 1:11 PM MBIA (MBI +24%) soars after after a NY state judge denies Bank of America's (BAC) petition to overturn the insurer's 2009 restructuring. This ruling doesn't appear to affect a parallel suit between the two regarding putbacks. 5 Comments [Financials, On the Move]
- Wednesday, February 6, 9:29 AM MBIA (MBI) gains 6.7% after Judge Rakoff issues what may be a precedent-setting ruling in Assured Guaranty vs. Flagstar. The ruling - says a lawyer - puts to rest the main argument MBS originators like BofA and JPMorgan have put forth to counter insurers' claims their breaches of representations and warranties did not cause losses. BAC and JPM both down about 1% premarket. 6 Comments [Financials, On the Move]
- Thursday, January 17, 7:01 AM Bank of America (BAC): Q4 EPS of $0.03 beats by $0.01. Revenue of $18.89B misses by $3.51B. Shares +2.1% premarket. (PR) 9 Comments [Earnings, Breaking News, Financials, On the Move]
- Monday, January 7, 7:41 AM Bank of America (BAC) settles for about $10.3B with Fannie Mae over repurchase claims on $1.4T of mortgages. The bank will pay Fannie $3.6B in cash and repurchase for $6.75B certain mortgages. BofA expects to take a $2.7B charge in Q4. Shares +2.4% premarket. (PR) 7 Comments [Financials, Breaking News, On the Move, Top Stories]
- Friday, January 4, 3:07 PM MBIA (MBI) soars 13.8% amid chatter of an imminent settlement with Bank of America (BAC). Update at 3:20 ET: There's no new developments in the case, reports The Street's Dan Freed after speaking with a source close to the legal proceedings. 3 Comments [Financials, On the Move]
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O. Young Kwon: (The numbers are terms in months.) For The TANER System and its four Models, read my article. Link:http://seekingalpha.com/a/hitr yk
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vireoman: Also in F & BAC, and other highs w NRG FIATY WLP MNKD etc. As I don't intend to sell any of them, I'll still own when they're well below -
american nomad: F bottoming in EUR + new product intro's = exciting month's ahead...
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John McCoy
Added to $BAC position today. #BAC will be $30 stock in 3-4 years, will pay respectable dividends as well. Nows the time to go long $BAC. - View all 3 replies
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John McCoy: I know, but my cost basis was low enough that adding a few more $BAC shares at this level did not increase my average cost signficantly.
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John McCoy: I don't mind averaging up a bit if I think the potential is there, and it's there with $BAC.
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MSF INVESTMENTS
$BAC Market Edge Daily initiated a " Strong Buy " and the stock is under accumulation as of yesterday's close. - View all 0 replies
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MSF INVESTMENTS
Top Bollinger at $13.40 for resistance still room to go. Stock market trend is up and momentum is bullish too......it's a BUY $BAC. - View all 0 replies
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Frederic Ruffy
The biggest equity options trade Monday was: 24K Weekly 13 calls on $BAC bot for 9 cents, basically a play on a move north of $13 by Friday - View all 2 replies
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LATEST REPLIES
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vireoman: Also in F & BAC, and other highs w NRG FIATY WLP MNKD etc. As I don't intend to sell any of them, I'll still own when they're well below
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american nomad: F bottoming in EUR + new product intro's = exciting month's ahead...
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John McCoy
Added to $BAC position today. #BAC will be $30 stock in 3-4 years, will pay respectable dividends as well. Nows the time to go long $BAC. - View all 3 replies
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John McCoy: I know, but my cost basis was low enough that adding a few more $BAC shares at this level did not increase my average cost signficantly.
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John McCoy: I don't mind averaging up a bit if I think the potential is there, and it's there with $BAC.
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DeepValueLover
$MBI vs. $BAC is this FINALLY coming to an end? When it does I expect a 60% one day spike in MBIA. - View all 4 replies
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Ghosts of Kariela: Still can go higher, i added today, when they spin off $hitCo aka structred sub. Then the stock will really get going! -
Ghosts of Kariela: Though my opinion of Jay Brown has droped a bit recently.
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Victoria70
Hi Trader: Can anyone explain to me why BAC is so low compared to KEY and RF. Boy did I make a mistake buying BAC! - View all 6 replies
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vml1999: BAC is hold, RF or KEY In my opinion should looked at. RF, used to work for it. Strong company. Conservative.
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Brandon1268: BAC is not growing, RF is doing a lot to expand. They just signed a deal with Fiserv to improve online banking. BAC's done nothing at all
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Phr3d: not a chance this year, wfc offer would be lowball against BAC's books, board wouldn't take it. fed wouldn't approve regardless
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Frederic Ruffy
The biggest equity options trade Monday was: 24K Weekly 13 calls on $BAC bot for 9 cents, basically a play on a move north of $13 by Friday - View all 2 replies
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OpusNephilim: JPM doesn't have the assets to do so. BAC has the largest portion of pensions and mortgages of the US banking system, thus they're viable.
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SA Editor Jonathan Liss: This is why people should never rely on twitter alone! 2nd reliable source always a good idea -
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hahaha48: unless the market has a big correction I'll not move my 30% which is in very short term bonds. 70% stock 30% very short term bonds
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Trendyglitzcompany
AA & BAC two of the best for next 36 months or less for those seeking % gains imo - View all 2 replies
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Trendyglitzcompany: Great! Happy you got a good profit. I have been trading it some and still have longs for that 36 months posted. ANR, ACI, MSO next!
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MSF INVESTMENTS: Whitney said it on CNBC and it is so low they have to.
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